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If you’ve heard of the Chase Freedom Unlimited Card, you must know of how much people adore it. Introducing its sibling card made for business owners, the Chase Ink Business Unlimited Credit Card, offers a similar simple rewards structure, has no annual fee, and plenty of redemption options.
In addition, it offers the opportunity to transfer points with another Chase card in the Ultimate Rewards program to earn even more.
Earn $750 bonus cash back after you spend $7,500 on purchases in the first 3 months from account opening. This is a big cash bonus for a card with no annual fee.
Cardholders earn an unlimited 1.5% cash back on all purchases with this card. The Ink Business Unlimited has no bonus categories, so this card is a good match for anyone looking to fill in the gaps on non-bonus spending. Pair it up with a card that offers bonus categories on the types of spending your business does most.
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| BONUS LINK | OFFER | REVIEW |
| Chase Business Complete BankingSM | $300 Cash | Review |
| Chase Total Checking® | $225 Cash | Review |
| Chase Secure BankingSM | $100 Cash | Review |
Table of Contents
- 1 Chase Ink Business Unlimited Credit Card Summary
- 2 Chase Business Complete Checking account
- 3 Editor’s Alternate Pick
- 4 Ink Business Unlimited Credit Card Bonus Cashback
- 5 Redeeming Your Rewards
- 6 Pool Your Ultimate Rewards Points
- 7 Transferring To A Chase Ultimate Rewards Card
- 8 Chase Ink Business Unlimited Card Top Features
- 9 Earn More UR Points With Sapphire Checking
- 10 Conclusion
- 11 What’s the Competition?
Chase Ink Business Unlimited Credit Card Summary
| Bonus Available | Earn $750 bonus cash back after you make at least $7,500 in purchases within the first 3 months of account opening. |
| *Bonus Value | $1,500 |
| Ongoing Rewards/Benefits |
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| Foreign Transaction Fees | 3% |
| Annual Fee | $0 |
Recommended Free Credit Score (Get Free Score)
690 – 850 (Good – Excellent)
* The Chase Ink Business Unlimited Credit Card is issued by Chase Bank. They also offer great sign-up bonuses. You can also compare this card with other credit card bonuses!
* Bonus value is an estimated value calculated by BankCheckingSavings and not the card issuer.
View our latest valuations here.
PROS
- No annual fee
- Simple rewards
- Free employee cards
CONS
- Good-Excellent credit needed to qualify
- Foreign transaction fees
Chase Business Complete Checking account
 • Earn $300 when you open a new Chase Business Complete Checking account. For new Chase business checking customers with qualifying activities. • More ways to waive fees. Multiple options to waive the Monthly Service Fee, including maintaining a minimum daily balance or purchases on your Chase Ink® Business credit card • Built-in card acceptance. Accept card payments anytime, anywhere in the U.S., and get transparent pricing with Chase QuickAcceptSM. • Same-day deposits with QuickAcceptSM. Free up the cash you need to keep your business moving forward with same-day deposits at no additional cost. • Alerts to help you stay on top of your account activity. • Easy account management through Chase Business online and the Chase Mobile® app. • Unlimited electronic deposits, ACH and Chase Quick DepositSM. • Convenient access to 16,000 ATMs and more than 4,700 branches. |
Editor’s Alternate Pick
 The Chase Ink Business Preferred Card offers 100k bonus points after you spend $15,000 on purchases in the first 3 months from account opening. That's $1,250 toward travel when redeemed through Chase Ultimate Rewards®. You'll earn 3 points per $1 on the first $150,000 spent on travel and select business categories each account anniversary year; 1 point per $1 on all other purchases - with no limit to the amount you can earn. Furthermore, points are worth 25% more when you redeem for travel through Chase Ultimate Rewards. This card does come with a $95 annual fee but does not have any foreign transaction fees. |
Ink Business Unlimited Credit Card Bonus Cashback
Make sure to utilize the $750 bonus cashback offer for the Ink Business Unlimited Credit Card. In order to qualify for the offer, you’ll need to charge at least $7,500 to your card within the first three month of opening your account.
Here are some ideas on meeting the spending requirements:
| • Plastiq: Plastiq allows you to pay for expenses that you generally won’t be able to with your card like rent, tuition, auto lease, mortgage payment, and more. There’s a 2.5% processing fee for using your credit card. However, this’ll be worth the card bonus you’ll get. There’s also a referral program where you can earn “Fee-Free Dollars” to use towards processing fees. See our Plastiq review. |
| • Fund Checking accounts with your card: Many banks will allow you to fund the opening deposit with a credit card. Consider opening Checking accounts that also offer a sign-up bonus. This way, you can work towards bonuses from two different sources. Big banks like Chase, HSBC, Huntington, and TD Bank have great offers and allow credit card funding. You can generally fund anywhere from $50 to $1,000 towards the opening deposit with a credit card, depending on the bank. |
| • Buy gift cards: Consider buying gift cards with your credit card that you can then spend later at your leisure. Individual merchant cards (restaurants, gas stations, supermarkets, etc.) generally don’t have purchase fees, so this is a plus. On the other hand, American Express and Visa gift cards will have purchase fees. Amazon gift cards are a great idea as you can shop for almost anything there with no purchase fees either. Unfortunately, Citi credit cards tend to code gift card purchases as Cash Advances and there’ll be a fee. Call in to customer service and lower your Cash Advance limit to $0 before purchasing gift cards. You can also buy discounted gift cards as well from Raise or find gift cards on eBay. |
| • Everyday spending & bills: Always using your credit card for everyday spending, such as for dining, gas, groceries, etc. You can also use your credit card to pay for things like insurance bills, property taxes and income taxes. However, you’ll have to consider the convenience fees. |
Redeeming Your Rewards
The rewards you earn with Ink Business Unlimited is in Chase Ultimate Rewards points, these points can be redeemed for:
- Cash: As statement credit to apply toward your balance, or directly deposited to most United States checking and savings accounts.
- Travel: For premium vacation packages, cruises or fly any class on most major airlines. There are no restrictions or blackout dates on airfare booked through Chase Ultimate Rewards.
- Gift cards: Over 70 gift card options available including Home Depot, iTunes, Amazon and Staples.
- Amazon items: Instantly redeem your points to pay for all or part of your eligible Amazon order, including tax and shipping.
Each Chase Ultimate Rewards point is worth $0.01; except for Amazon items, which has a lesser value.
Pool Your Ultimate Rewards Points
You can pool together points from all Chase cards that earn Ultimate Rewards points. This includes points between Business and Personal cards.
Personal cards that earn UR points:
These cards have a higher travel redemption rate through Chase:
- Chase Sapphire Reserve: 1 point = 1.5 cents (e.g. $750 value for 50k points)
- Chase Ink Business Preferred Credit Card: 1 point = 1.25 cents (e.g. $625 value for 50k points)
- Chase Sapphire Preferred: 1 point = 1.25 cents (e.g. $625 value for 50k points)
Benefits of pooling your Ultimate Rewards points:
- You can transfer points at a 1-to-1 ratio to travel partners for even more value.
- If you combine your UR points and move them to your card with the highest travel redemption rate, all of your points combined will then receive the highest value. For example, 50k UR points with the Chase Sapphire Preferred are worth $625 in travel through Chase. Transfer those points to your Chase Sapphire Reserve and they’ll be worth $750 in travel.
- Transfer your UR points to Chase’s travel partners to potentially receive even more value (up to 2 cents per point per our valuations). This depends on the travel partner and booking details. Try out different booking scenarios to see where your points can get the most value.
Even if you mix business and personal cards, you can use these tips to form a multi-card strategy to maximize rewards.
Transferring To A Chase Ultimate Rewards Card
If you have a Chase credit card that earns Ultimate Rewards, you can earn even more. Credit cards that earn Ultimate Rewards include the Chase Ink Business Preferred, Chase Sapphire Preferred, and the Chase Sapphire Reserve.
With the Ink Business Preferred Credit Card and the Chase Sapphire Preferred Card, points are worth 1.25 cents each when redeemed for travel this way. With the Chase Sapphire Reserve, they’re worth 1.5 cents each when redeemed this way. This is quite the amount on a card that charges no annual fee.
The Ink Business Unlimited Credit Card isn’t eligible for these more-valuable travel redemptions. However, if you also have any of the other three Ultimate Rewards-earning cards, you can transfer earned points from your Chase Ink Business Unlimited to that card. If you do this, then redeem for travel, your effective rewards rate gets even better.
Points on those three cards can also be transferred at a 1:1 ratio to other loyalty programs. Potentially, you could earn an even higher effective rewards rate.
Ultimate Rewards Airline/Hotel 1:1 Point Transfer Partners:
| Airline Transfer Partners | Hotel Transfer Partners |
| Aer Lingus AerClub | IHG Rewards Club |
| British Airways Executive Club | Marriott Bonvoy (Previously Marriott Rewards) |
| Flying Blue AIR FRANCE KLM | The Ritz-Carlton Rewards |
| Iberia Plus | World of Hyatt |
| JetBlue TrueBlue | |
| Singapore Airlines KrisFlyer | |
| Southwest Airlines Rapid Rewards | |
| United MileagePlus | |
| Virgin Atlantic Flying Club |
Chase Ink Business Unlimited Card Top Features
If you have multiple Chase credit cards, you can pool your Ultimate Rewards points as long as the card participates in the Ultimate Rewards program and the pooled accounts are in good standing. If you have a certain card, such as the Chase Sapphire Reserve Card or the Chase Sapphire Preferred Card, you can then transfer your Ultimate Rewards points to Chase’s travel partners.
Your Ultimate Rewards points will be typically transferred at a 1-to-1 ratio. But, depending on which partner you transfer your points to, you could get even more value for your redemptions. Travel partners are subject to change, but these include Southwest Rapid Rewards and Marriott Rewards.
The Chase Ink Business Unlimited Credit Card comes with the free Ink mobile app. Get access to expense category tagging, authorized user tracking, authorized user privilege customization, and real-time purchase alerts.
When you charge the full cost of your rental to the card, you’ll get complimentary rental car loss and damage coverage. It also has 24/7 travel and emergency assistance, including roadside assistance, however you may need to pay additional out-of-pocket fees.
Enjoy complimentary purchase protection insurance, covering theft and damage to purchased items. This covers up to $10,000 per item and $50,000 total per lifetime per account. This benefit applies to repair or replacement costs, and must be invoked within 120 days of a covered item’s purchase.
Plus, get extended warranty coverage where original warranties can be extended for an additional year. Coverage applies only to original warranties that last at most 3 years.
Earn More UR Points With Sapphire Checking
Did you know? You can combine Ultimate Rewards points from all Chase products that earn them. The Chase Sapphire Checking account is offering bonus Ultimate Rewards points when you sign up today. Read our Chase Sapphire Checking review.
 The United Club Infinite Card offers 75,000 bonus miles after you spend $3,000 on purchases in the first 3 months your account is open. With this card, you'll earn: • 4X miles per $1 spent on United purchases including tickets, Economy Plus, inflight food, beverages and Wi-Fi, and other United charges. • 2X miles per $1 spent on all other travel • 2X miles per $1 spent on dining at restaurants and eligible delivery services • 1X mile per $1 spent on all other purchases Plus, you'll get 25% back as a statement credit on purchases of food, beverages and Wi-Fi on board United-operated flights when you pay with your Club Card. This card does carry an annual fee of $525. However, you can get up to $100 Global Entry or TSA Precheck Fee Credit. In addition, you'll get a savings of up to $320 per roundtrip (terms apply) by getting your first and second checked bags for free! |
Conclusion
The Chase Ink Business Unlimited Credit Card is an excellent addition to the Chase Ink family, filling in the rewards gaps the other cards don’t cover, offering a solid return on everyday, non-bonus spending. You can maximize your rewards by pairing this card with one of the other Ink cards and a personal Ultimate Rewards card.
Just be mindful of Chase’s 5/24 rule that this card falls under. If you’ve opened 5 or more credit cards over the last 24 months, you’ll most likely be denied.
The unlimited cash back offered by this card won’t give you the highest return among cash back business credit cards if you redeem for cash. Cards like the Capital One Spark Cash for Business pays 2% cash back on all purchases. Nonetheless, the Chase Ink Business Unlimited can be more valuable than Spark Cash because of the ability to transfer points to an Ultimate Rewards-earning card.
Check out other offers from Chase Bank. And, if you’re looking for more general options, then consider our best credit card promotions master list.
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What’s the Competition?
* Below are some of the top competitors to Ink Business Unlimited Credit Card from Chase to consider.
No Annual Fee Alternatives
 The Chase Ink Business Cash Card offers $750 bonus cash back after you spend $7,500 on purchases in the first 3 months from account opening. You'll earn 5% cash back on the first $25,000 spent in combined purchases at office supply stores and on internet, cable and phone services each account anniversary year, 2% cash back on the first $25,000 spent in combined purchases at gas stations and restaurants each account anniversary year, & 1% cash back on all other card purchases with no limit to the amount you can earn. This card comes with no annual fee. You'll be able to take advantage of employee cards at no additional cost. |
 The Capital One Spark Cash Select for Business offers a $500 bonus when you spend $4,500 in the first 3 months of account opening. You'll earn an unlimited 1.5% cash back could mean thousands of dollars each year going back into your business with no categories to limit your purchasing. This card comes with no annual fee and employee cards at no additional cost. |
If You Spend Enough To Justify An Annual Fee
The Chase Ink Business Preferred Card offers 100k bonus points after you spend $15,000 on purchases in the first 3 months from account opening. That's $1,250 toward travel when redeemed through Chase Ultimate Rewards®. You'll earn 3 points per $1 on the first $150,000 spent on travel and select business categories each account anniversary year; 1 point per $1 on all other purchases - with no limit to the amount you can earn. Furthermore, points are worth 25% more when you redeem for travel through Chase Ultimate Rewards. This card does come with a $95 annual fee but does not have any foreign transaction fees. |
Bankcheckingsavings has partnered with CardRatings for our coverage of credit card products. Bankcheckingsavings and CardRatings may receive a commission from card issuers.
Opinions, reviews, analyses & recommendations are the author’s alone, and have not been reviewed, endorsed or approved by any of these entities.
